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Thursday, July 18, 2013

The 10-cent Superfecta Revisited

Use the 10-cent Superfecta in place of exactas and trifectas.

Some examples are: a $1 exacta 12/1234 costs $6. A $2 exacta costs $12. A $3 exacta $18, etc. An equivalent 10-cent superfecta 12/1234/123456/123456 with 6 horses in the race would cost $7.20. With 7 horses in the race 12/1234/1234567/1234567 would cost $12. With 8 horses in the race 12/1234/12345678/12345678 would cost $18.

The payoffs from 10-cent superfectas can be sizable. I have conducted an experiment at Remington Park where I have compared the payoffs from 10-cent superfectas with payoffs from exactas and trifectas of equal costs.

You may not have thought about it in this way but you can structure an exacta or a trifecta using a 10-cent superfecta so that if the exacta or the trifecta is a winning ticket then the 10-cent superfecta will be a winning ticket. You ask "why would want to do that"? There is a good reason. You see if there are 6-12 horses in a race the 10-cent superfecta will allow you to take advantage of horses that are really longshots that come in third or fourth to multiply the payoffs substantially.

Here are some results from May 26, 2013 at Remington Park. To verify these results you can go to Equibase.com, click on Results, then Historical Charts, select Remington Park and 5/26/2013 from the calendar. Each race is listed and you can select one race at a time from the list.